Hydraulic cylinder manufacturer to focus on expansion, African markets

Following Germiston-based investment company iSipho Capital Holdings’ acquisition of 90% of Boksburg-based hydraulic and pneumatic manufacturer Anderson & Kerr Engineering in 2017, the hydraulic manufacturer will actively focus on client and market expansion to increase turnover, market footprint and profit, says Anderson & Kerr executive chairperson and iSipho Capital CEO Sipho Mdanda. Mdanda explains to Mining Weekly that iSipho Capital Holdings acquired Anderson & Kerr because iSipho Capital’s main focus is acquiring manufacturing and engineering companies and transforming them through direct operational involvement in day-to-day activities, and it was looking for a supplier for Smith Capital Equipment, now one of Anderson & Kerr’s sister companies, that could manufacture and supply them with cylinders.